Annual Report 2017 for Web
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54 YSA ANNUAL REPORT <strong>2017</strong><br />
YOUNG SIKH ASSOCIATION (SINGAPORE)<br />
<br />
NOTES TO THE FINANCIAL STATEMENTS<br />
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER <strong>2017</strong><br />
_________________________________________________________________________________________________________<br />
f) CURRENCIES TRANSLATION<br />
<br />
<br />
<br />
<br />
Transactions and balances<br />
<br />
<br />
translation differences from the settlement of such transactions and from the translation of monetary<br />
assets and liabilities denominated in <strong>for</strong>eign currencies at the closing rates at the date of statement<br />
<br />
<br />
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g) REVENUE<br />
<br />
<br />
<br />
<br />
<br />
<br />
<strong>2017</strong> 2016<br />
$ $